Answer:
$2500
Explanation:
An amount of $1,245 should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college. Option C is the correct answer.
To determine the amount of money that should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college, we need to calculate the annual payment (P) using the present value of an annuity formula. Option C is the correct answer.
The present value of an annuity formula is given by: PV = P * [1 - (1 + r)^(-n)] / r
Where PV is the desired future value, r is the interest rate, and n is the number of years. In this case, the desired future value is $5,000 per year for 4 years, so PV = $5,000 * 4 = $20,000.
The interest rate is given as 10%, so r = 0.10.
The child will leave for college in 8 years, so n = 8.
Now, let's calculate the annual payment (P): P = ($20,000 * 0.10) / [1 - (1 + 0.10)^(-8)]
Simplifying the equation further, we get: P = $2,000 / [1 - (1.10)^(-8)]
P ≈ $1,245
Therefore, the amount of money that should be set aside each year on the child's birthday in order to follow through with this plan is approximately $1,245.
Learn more about College here:
https://brainly.com/question/26580965
#SPJ2
The complete question is, "A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 years, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan? Assume an interest rate of 10%.
a. $1,291
b. $1,386
c. $1,245
d. $957"
Pacific Ink had beginning work-in-process inventory of $1,070,790 on October 1. Of this amount, $436,900 was the cost of direct materials and $633,890 was the cost of conversion. The 65,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October, 136,000 units were transferred out and 47,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,390,200 for direct materials and $4,343,130 6.00 points
Required
(1) Compute the equivalent units for the materials and conversion cost calculations.
(2) Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (Round your answers to 2 decimal places.) Officulty 2 Medium Objective: 08-0 600 points Compute the costs of goods transferred out and the ending inventory using the weighted- average method. (Round intermediate calculations to 2 decimal places.) Ending inventory
Answer:
hello dummy
Explanation: hoy hoy hoy
Which of the following is not a characteristic of a cafeteria?
A tray is used to collect chosen dishes.
Customers tell servers what they want.
Food is displayed along the serving line.
Amounts are usually "all you care to eat" with no limits.
Answer:
The last option
Explanation:
In cafeterias you don't get an unlimited amount of what you want. Sometimes you don't even get what you want.
C and b both are right?
Which of the following
questions is a macroeconomic issue?
A) How many more pounds of cookies will a consumer purchase if the price of cookies decreases?
B) What effect would a cure for Mad Cow Disease have on the market for beef?
C) What is the future growth prospect for an economy?
D) How many workers should the owner of a business hire?
Answer:
c and d is both right
Explanation:
sehdhdhfhfbfhdbdhfbfjfnf
What happened to the U.S. dollar when President Nixon closed the gold
window?
A. It became part of a total commodity system
B. It came part of a partial fiat system
C. It became part of a total fiat system
D. It became part of a partial commodity system
Answer:
I think it's c but I'm not 100 percent
The Nixon Shock actually directed the future of the Bretton Woods Agreement and the convertibility of U.S. dollars into gold. Nixon uncoupled gold from its set $35 price and stopped the convertibility of dollars into gold by alien governments and central banks.
What occurred to the U.S. dollar when Nixon shut the gold window?
The Nixon Shock actually directed the future of the Bretton Woods Agreement and the convertibility of U.S. dollars into gold. The Nixon Shock stood as the catalyst for the stagflation of the 1970s as the U.S. dollar depreciated.
Nixon uncoupled gold from its set $35 price and stopped the convertibility of dollars into gold by alien governments and central banks. At this moment, the dollar evolved virtually free-floating, estimated only by analogizing it to other order currencies.
Therefore, the correct answer is option C. It became part of a total fiat system
To learn more about President Nixon refer to:
https://brainly.com/question/3392045
#SPJ2
Explain collaborative ,planning,forecasting and replenishment each scenario briefly and indicate how they benefit supply chain partners,
Explanation:
collarborating is working together to achieve a common goal
what is job specification?
Answer: A section in a job advertisement that details the type of person a company is looking for. Things in a job specification include: skills, qualities, qualifications, education and previous experience
Explanation:
The following graph shows the supply curve for a group of students looking to sell used smartphones. Each student has only one used smartphone to sell. Each rectangular segment under the supply curve represents the “cost,” or minimum acceptable price, for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used smartphone.
1. Region A (the purple shaded area) represents the total producer surplus when the market price is (Blank) , while Region B (the grey shaded area) represents the change in total producer surplus when the market price changes from $100 to $140 .
In the following table, indicate which statements are true or false based on the information provided on the previous graph.
2. Assuming each student receives a positive surplus, Sam will always receive less producer surplus than Teresa. (True or False)
3. .Producer surplus is smaller when the price is $140 than when it is $100. (True or False)
3. In order for Beth to earn a producer surplus of exactly $60 from selling a used smartphone, the market price needs to be (Blank)
1. The market price that represents the total producer surplus is $140.
Statement True/False
2. Sam will always receive less producer surplus than Teresa. False
3. When the price is $140 producer surplus is smaller than at $100. False
4. For Beth to earn a producer surplus of exactly $60, the market price needs to be $240 ($180 + $60).
Data and Calculations:
Cost Market Price Producer Surplus
A B C D = (B -A) E = (C - A)
Lorenzo $20 $100 $140 $80 $120
Naha $60 $100 $140 $40 $80
Sam $80 $100 $140 $20 $60
Teresa $100 $100 $140 $0 $40
Andrew $160 $100 $140 -$60 -$20
Beth $180 $100 $140 -$80 -$40
The producer surplus represents the excess of the market price over the price a seller is willing to sell an item. For example, Teresa is willing to sell the smartphone at $100. If the market price is $120, she gets a producer surplus of $20 ($120 - $100).
Thus, the market price for a used smartphone must exceed the seller's willingness price to produce a producer surplus.
Learn more: https://brainly.com/question/14942304
If Mexico exports to Canada decline by $14 billion, by how much will Mexico's aggregate spending drop if their MPC is 0.8?
Answer:
[tex]14 \times 0.8 = (11.2[/tex]
Siobhan's boss asked her to take over a project with several problems. What is the first step Siobhan should take in tackling the problems?
Answer:: evaluate the impact of the problemm & clssified them
Explanation:
plz mark brainly
the initial action Siobhan ought to take in resolving the issues Determine the impact of the issue and classify them.
What is meant by Problem solving?Being a common component of most activities, problem solving is the process of reaching a goal by overcoming barriers. From personal difficulties (such how to turn on an appliance) to complicated problems in the commercial and technical industries are all problems that require solutions.
The former is a simple problem solving (SPS) example that only addresses one issue, whereas the latter is a complicated problem solving (CPS) example that must solve many interconnected hurdles. Undefined problems, in which the existing state is problematic but it is unclear what kind of resolution to aim for, are divided from well-defined difficulties,
which have obvious obstacles and goals. Similar distinctions can be made between formal, fact-based challenges requiring psychometric intelligence and socio-emotional Problem solving that depend on people's or groups' fluctuating emotions.
Learn more about Problem solving, from :
brainly.com/question/3418829
#SPJ6
Which of the following is NOT a factor of production?
A) mineral resources
B) money
C) a computer programmer
D) a commercial aircraft
is it c?
Answer:
yes it is C.
Explanation:
you're welcome
Another name for back rushing is?
Answer:
Ruffing
Hope this helps!!!
case study on sustaining customers
Answer:
http://fernfortuniversity.com/hbr/case-solutions/14933-sustaining-customer-centricity-at-.php
Explanation:
theres one there :/
Nicole and Larry have decided to perform the landscaping of their new home by themselves. They also plan to take a do-it-yourself class at a local home store so they can replace the tile in the master bathroom without using a contractor. The effect of performing these tasks themselves will result in an increase in their:
The effect of performing these tasks themselves will result in an increase in their sweat equity.
Sweat equity is simply known as the interest gotten by the owner or increase in worth that is brought about by direct input of hard work by the owner(s).
It is the one method that is mostly adopted in building equity for low-cash entrepreneurs in their start-up ventures due to the fact that they lack the capability to aid much financial capital to their business.
Conclusively, This sweat equity helps individuals or companies to get funds without having more debts while for the workers, it is a case of high risk to get high reward.
Learn more from
https://brainly.com/question/7305328
First month plus a security deposit is an example of this operating expense.
Equipment
Rent
O Fixtures
Advertising
Answer:
Your answer would be "Rent"
Explanation:
Hope I was able to help ! Have a great day :)
Graphs can be used to estimate information not represented on the graph. Please select the best answer from the choices provided T F
Answer:
True :)
Explanation:
The answer is true :)
Please mark brainliest if you get it right! :)
Answer:
True shahzadanwar25
is correct.
(give that person brainliest lol)
The difference between corporate governance and social organization management
Answer: The terms corporate governance and corporate social responsibility sound similar, but there is a very important difference between them. Both processes are important for corporations, industries and society at large.
Explanation:
Justin is a new manager with 27 direct reports. He has been feeling overwhelmed at work and just learned that the last three managers who held his position quit after only a few months. Which process theory appears to have been violated in this organization?
Expectancy Theory
Goal Setting Theory
Job Characteristic Theory
All of These
The process theory that seems to have been violated in this organization is the Job Characteristics Theory, which was created to analyze work outcomes, such as how work characteristics affect job satisfaction.
With the information contained in the question, it is clear that the characteristic that has affected the work of the new manager Justin is that he has felt overloaded at work.
The last three managers who held their position resigned after a few months, probably because they also felt overwhelmed, as there is information that managers deal with 27 direct reports.
Therefore, a strategy to increase job satisfaction would be to redesign the work, which:
Increases productivity.Improves communication.Reduces conflicts.Increases innovation.Learn more here:
https://brainly.com/question/7873593
Marketing programs that track purchases history, personal information and preferences and provide incentives to loyal, repeat customers are called?
A. loyalty program
B. tracking systems
C. customer app
D. marketing tricks
Marketing programs that track purchase history and provides incentive to their loyal customers are known as loyalty programs.
The correct answer to this question is option A. Loyalty programs as the name implies are offered to those customers that are found to be loyal to a business.
These types of programs offer special discounts, rewards, as a way to retain these customers and also attract new ones.
Such programs are established to encourage repeat business.
Read more on https://brainly.com/question/15216794?referrer=searchResults
The Blossom Company is a multidivisional company. Its managers have full responsibility for profits and complete autonomy to accept or reject transfers from other divisions. Division A produces a sub-assembly part for which there is a competitive market. Division B currently uses this sub-assembly for a final product that is sold outside at $1,488. Division A charges Division B the market price of $868 per unit of the part. Unit variable costs are $644 and $744 for Divisions A and B, respectively. The manager of division B feels that division A should transfer the part at a lower price than market because, at market, division B is unable to make a profit.
Required:
Calculate division B's contribution margin if transfers are made at the market price, and calculate the company's total contribution margin.
Waddle Incorporated manufactures a single product. Variable costing net operating income was $96,300 last year and its inventory increased by 2,600 units. Fixed manufacturing overhead cost was $2 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year
Answer:
Helmers Corporation manufactures a single product Variable costing net operating Income last year was $77,000 and this year was $92,300. Last year, $28,700 In fixed manufacturing overhead costs were released from Inventory under absorption costing. This year, $10,900 In fixed manufacturing overhead costs were deferred In Inventory under absorption costing. What was the absorption costing net operating Income last year? Multiple Choice $81,400 O $77.000 0 $48,300 0 $105,700 Tubaugh Corporation has two major business segments--East and West. In December,
Suppose that a flower nursery benefits from having a butterfly farm located only a few miles away, because the presence of the insects greatly improves flower pollination. Lawyers for the two companies meet to draft a legal document specifying the number of butterflies the farm promises to maintain in exchange for payments to be made by the nursery. Which of the following types of private solutions to the externality of pollination has occurred in this case?
A) Integration of different types of businesses through merger or acquisition
B) Charities
C) Moral codes and social sanctions
D) Contracts
Answer: Contracts
Explanation: Because the 2 parties are coming to a contractual agreement.
How do firms maximize profits? Fill in the blanks to complete the passage regarding sunk costs for a manufacturer of ethanol.
Ethanol, a biofuel derived from corn, is used in the production of both gasoline and pharmaceutical-grade hand sanitizer. During the pandemic, as the demand for gasoline plummeted, several producers of ethanol retrofitted their plants by purchasing new capital in order to produce a higher-quality ethanol, which could be used to make a medical-grade hand sanitizer. Future decisions about whether to produce ethanol for gasoline or for hand sanitizer – be informed by the – costs they incurred to retrofit their plant.
Future decision about whether to produce ethanol for gasoline or for hard sanitizer would not be informed by the sunk costs they incurred to retrofit their plant.
This question requires that we fill in the blank at the end of the question. The sunk cost can be referred to as a cost that has already been incurred. This money cannot be recovered again.
Profit maximization is a situation where by firms would try to lower their input costs and go for the highest output that would give them the optimal level of profit.
The decisions on production would not be determined by sunk cost, instead it would be determined by the benefits that the firm would accrue.
Read more on https://brainly.com/question/17257765?referrer=searchResults
Questions-
.............
Answer:
????
Explanation:
where the questions
Activity-based costing for varying batch production
A manufacturing company has the following two activities associated with completion of products:
The setting up of machines for running batches of products
The actual production of units produced
The company has annual manufacturing overhead costs of $2,000,000, of which $200,000 is directly involved in setting up machines for batch runs. During the year, the company expects to perform 400 machine setups, one setup per batch for a total of 400 batches of production. Assume that the batch sizes vary considerably, but the work involved in setting up the machines is not appreciably different from one job to the next.
If the company estimates that the $200,000 costs associated with setups will yield 400 setups this year, the cost associated directly with each setup will be $ per setup. Because each job will require its own setup, setup costs are viewed as batch costs. Because $200,000 of the $2,000,000 are costs associated with setups, this means that costs associated directly with the production of units equal $.
As an economic concept, scarcity applies
to A) both money and time.
B) money but not time.
C) time but not money.
D) neither time nor money
Answer:
A
Explanation:
both the poor and the rich. Scarcity requires that people must. make choices. As an economic concept, scarcity applies to. both money and time.
Time and money are the two most in-demand precious resources. Most people lack one, the other, or both in an excessive amount. Therefore Option (A) is the correct option.
What is scarcity?Scarcity as an economic principle "refers to the fundamental truth of existence that there exists only a finite number of human and nonhuman resources that the finest technical knowledge is capable of exploiting to produce just a restricted maximum amount of each economic product."
There wouldn't be any economic goods, or comparatively scarce products if the conditions of scarcity didn't exist and "unlimited amounts of every good could be generated or human demands entirely met."
A limited supply of a good or service that may be in demand on the market or by the public is known as scarcity. The inability of an individual to purchase goods is another aspect of scarcity. Scarcity's opposite is abundance.
Learn more about scarcity, from:
brainly.com/question/15128318
#SPJ2
The Los Angeles area has long been plagued by urban smog. Suppose that one of several ozone-reducing policy options is being evaluated by economists using benefit-cost analysis. 1.) Since the policy will be implemented over time, economists assume that per resident benefits will accrue in increments of $500 at the end of each of the next three years. Find the present value of benefits (PVB) for each resident, assuming an annual discount rate of 9%. (2 pts.)
The present value of benefits (PVB) for each resident if there's an annual discount rate of 9% is $1477.
Increment in year 1 will be:
= $500 × (1 + 9%)
= $500 × 1.09
= $545
Increment in year 2 will be:
= $500 × (1 + 9%)²
= $594.05
Increment in year 3 will be:
= $500 × (1 + 9%)³
= $647.52
Therefore, the PVB nominal will be:
= 520/1.09 + 594.05/1.1881 + 647.52/1.295
= $477 + $500 + $500
= $1477
In conclusion, the present value if benefits is $1477.
Read related link on:
https://brainly.com/question/25301867
Sweet Catering completed the following selected transactions during May 2016:
May 1: Prepaid rent for three months, $2,700 May 5: Received and paid electricity bill, $170
May 9: Received cash for meals served to customers, $2,300
May 14: Paid cash for kitchen equipment, $2,700
May 23: Served a banquet on account, $2,000
May 31: Made the adjusting entry for rent (from May 1).
May 31: Accrued salary expense, $1,300
May 31: Recorded depreciation for May on kitchen equipment, $180
Required:
If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May?
Answer:
ask the internet
Explanation:
to get your answer hope this was helpful to you
give the advantages of business partnership structures
Answer:
Your welcome! Hope you have a nice wonderful day :)
Explanation:
One of the advantages of having a business partner is sharing the labor. Having a partner may not only make you more productive, but it may afford you the ease and flexibility to pursue more business opportunities. It might even eliminate the downside of opportunity costs.
As an Austrian–Thai company, Red Bull has done a remarkable job of positioning itself internationally by coming across as a local company in every country where Red Bull is sold. Would you be more or less likely to buy Red Bull knowing the brand is Austrian but with a strong Thai influence? Does it generally matter to consumers where a product originates from?
The origination of a product doesn't really matter when the company's brand plays an important role in the improvement of sales.
A brand refers to the business concept or the marketing concept that's used by people to identify a product. A brand is important as it makes one unique from other companies.
The fact that the brand of Red Bull is Austrian but has a strong Thai influence can't have a negative effect on the sales or the revenue of the company since the brand is well-known and has an international customer base.
Read related link on:
https://brainly.com/question/25248688
Click this link to view O*NET’s Wages and Employment section for Secondary School Special Education Teachers. According to O*NET, what is the projected growth for this career from 2019 to 2029? faster than average slower than average average little or no change
Answer: C average
Explanation:
Mark my brainlest